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Using the Application

AD Depreciation

The formula for calculating ADS Straight-Line MACRS is:

Acquired Value

Estimated Life

=

Annual Depreciation

 

The AD depreciation method uses the half-year averaging convention for personal property and the midmonth convention for real property.

Here is an example:

Acquired Value:

$10,000

Placed-in-Service Date:

11/01/2018

Estimated Life:

10

Salvage Value:

$1,000

 

Year 1:

$10,000

10

X

1

2

=

$500

 

Years 2 through 10:

$10,000

10

=

$1,000

 

Year 11:

$10,000

10

X

1

2

=

$500